Integrity Gaming Corp. V.IGAM

Joe - 400 slots market cap - valuation - bargain - and who ?

[Wangotango67]

So what you're saying is - once PYD  reaches the milestone of another 400 machines and matches the market cap - the stock will have a bargain par value of the market cap ?

Meaning - 
a 1.0 evaluation is beyond bargain.... And essentially the market uses far higher evaluations like 7 + and up ? 

So my question - who sets the market cap for companies ?

[RegularJoe]

The market makes the market cap. It goes back to the simple supply vs demand ratio right now Pyd has forecasted a run rate ebitda of 13 million, they have shown results of 1 quarter of earnings. The market over the next 12 months will see future quarter results and Pyd will begin to look positive as a undervalued company compared to industry comparisons. for instance, Pyd on TD water house only